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Working At LendingClub

Industry
Banking
Revenue
Headquarters
Employees
1,384
Founded in
Website
Organization type
Public
Social media

LendingClub has been connecting borrowers and investors since 2007 to become what is now the largest personal loan provider in the United States. The company has changed the way people access credit by helping them control their debt, grow their business and invest for the future. For those seeking financial success, LendingClub's financial system offers more innovative solutions and successful outcomes. By celebrating its employees' ideas and encouraging them to test new solutions, LendingClub has created a culture that is moving ever forward.

Diving Into the Values at LendingClub

The customers are at the heart of everything they do at LendingClub. The company's mission is to help customers meet their financial goals while defining a new industry. In order to do so, the team at LendingClub has to thrive on collaboration and be agile. The team follows 4 simple values that keep them all headed down the path to success:

  • Reinvent credit and investing: They believe that innovative and creative solutions are the key to providing a better, more valuable experience.
  • Do what's right: The team is expected to be ethical in the solutions they come up with for customers.
  • Deliver world-class experiences: The team's goal is to provide an experience that is easy for customers.
  • Level the playing field: The team believes that everyone deserves a better financial future as long as they're willing to work for it.
  • The Culture at Lending Club

    Exceptional Talent Welcome

    You'll be given lots of opportunities throughout your career at LendingClub. Whether it's contributing, innovating or advancing, you'll have every chance to move forward. Plus it'll be easy with the company's onboarding programs, on-the-job training, career development sessions and performance check-ins. The culture is successful because of the teams who are behind it. They're constantly challenging each other to come up with the best ideas, and supporting each other through collaboration.

    While there is no "typical" employee that you'll find at LendingClub it's guaranteed that the one thing that they all have in common is their high talent. Other than that, LendingClub ensures that it's filled with unique perspectives, backgrounds, and experiences. Everyone is encouraged to voice their opinions and give feedback, but they're also expected to respectfully listen and accept other viewpoints. The company supports differing opinions through the employee resource groups it offers that support team members who are:

  • Female
  • LGBTQ
  • African American
  • Asian
  • Hispanic
  • Jewish
  • Veterans
  • The Benefits at LendingClub

    Perks That Are Straight From the Heart

    The company acts in fairness and heart when it comes to serving customers, and it does the same for its employees. Aside from traditional benefits like competitive salary and bonus, leading health and wellness programs, 401(k) matching, short-term and long-term disability benefits, transit benefits, and an employee assistance program, LendingClub also provides:

  • Flexible vacation for salaried employees, which means take it when you need it, and generous paid time off for hourly team members
  • Up to 16 weeks paid leave for new parents, plus a fully paid phased return-to-work policy
  • Wellness program with cash incentives
  • Paid volunteer time and donation matching
  • Onsite gym, locker room, bike room, and fitness classes
  • Café with the in-house barista
  • Healthy snacks and drinks
  • Amazing office spaces
  • The Jobs at LendingClub

    Join the Club

    From amazing perks to an even better culture, you may be considering applying to LendingClub. In order to find a role that fits your career goals, below is just a sample of a few job roles you'll find there.

  • Compliance Manager: You'll work with all areas of Compliance and support Enterprise Risk Management as a point of contact.
  • Sr Java Software Engineer: In this role, you'll be responsible for building new applications and products that support the company's borrowers and investors to reach their financial goals. This team works at a fast pace while reaching for new solutions.
  • Software Architect: This role is part of the engineering group that is in charge of the strategic architecture, engineering, and deployment of the company's corporate platform. The team works fast to build real-time analytics and machine learning capabilities that help in every aspect of the business.
  • Compliance Analyst: In the role, you'll work with the Borrower Group to give advice on staying compliant. You'll also review policies and procedures to ensure they're consistent with consumer protection regulations and other applicable laws. This position will be responsible for maintaining the required documentation to support compliance with laws governing lending compliance.
  • Manager/Sr Manager, Credit Risk: In this position, you'll manage risk strategies and develop appropriate metrics. You'll be responsible for the underwriting and pricing strategy directly related to the company's personal loan product.
  • LendingClub's mission statement

    To transform the banking industry to make credit more affordable and investing more rewarding. The company's technology platform enables it to deliver innovative solutions to borrowers and investors.

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    LendingClub employee reviews

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    LendingClub employee reviews

    LendingClub employee reviews
    4.0/5

    Based on 1 ratings

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    A zippia user wrote a review on Oct 2020
    Pros of working at LendingClub

    Help Americans with multiple products to satisfy financial needs

    Cons of working at LendingClub

    slow growth

    LendingClub benefits

    Work from home when needed

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    The team at LendingClub

    • The founders of LendingClub are Renaud Laplanche, John Donovan and Soul Htite.
    • The key people at LendingClub are Scott C. Sanborn, Renaud Laplanche and John Donovan.
    Key people
    Scott C. Sanborn
    Renaud Laplanche
    John Donovan
    Soul Htite

    LendingClub rankings

    LendingClub is ranked #66 on the Best Finance companies to work for in California list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

    Read more about how we rank companies.

    LendingClub salaries

    Average LendingClub salary
    $123,551
    yearly
    $59.40 hourly
    Updated March 14, 2024

    Rate LendingClub's fairness in compensating employees.

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    LendingClub financial performance

    9.9
    Performance score

    We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

    LendingClub currently has 5.1M in revenue. LendingClub's most recent quarter produced 1.3m (q4'2023).

    Highest paying LendingClub competitors

    Compare LendingClub salaries to competitors, including Credit Karma, ICE Mortgage Technology, and MUFG EMEA. Employees at Credit Karma earn the highest average yearly salary of $154,184. The salaries at ICE Mortgage Technology average $136,775 per year, and the salaries at MUFG EMEA come in at $117,412 per year.
    RankCompanyAverage salaryJobs
    1$154,1840
    2$136,7750
    3$117,4120
    4$114,6710
    5$108,0550
    6$100,8230
    7$94,0200
    8$92,8470
    9$85,3980
    10$76,3810

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    Zippia gives an in-depth look into the details of LendingClub, including salaries, political affiliations, employee data, and more, in order to inform job seekers about LendingClub. The employee data is based on information from people who have self-reported their past or current employments at LendingClub. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by LendingClub. The data presented on this page does not represent the view of LendingClub and its employees or that of Zippia.

    LendingClub may also be known as or be related to LENDINGCLUB CORP, LendingClub, LendingClub Corp, LendingClub Corp., LendingClub Corporation and Lendingclub Corporation.